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Author Topic: PI day and what to expect from exchanges  (Read 1681 times)

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Re: PI day and what to expect from exchanges
« Reply #15 on: March 11, 2025, 05:16:02 PM »
There are a lot of them who have plans of holding it, it is their coins and we do not have the right to even tell them what to do, we can only advise them, and if i am to advise anyone about PI, i will tell them to sell it. I have told some of my friends to take their profits, some have and some others say it will have a future like BTC, so they are holding.
That's the job every should do Immediately even in the future when they will get pi coin they should sell that immediately also. I saw lots of peoples they were holding pi coin because that they were thinking that pi coin will go in high when the big exchangers will listed.
And I think this is only possible in dreams. Because in reality, they are only listed on nominal low quality exchangers and then eventually exit the market as they go down.

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Re: PI day and what to expect from exchanges
« Reply #15 on: March 11, 2025, 05:16:02 PM »

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Re: PI day and what to expect from exchanges
« Reply #16 on: March 11, 2025, 10:04:51 PM »
There are a lot of them who have plans of holding it, it is their coins and we do not have the right to even tell them what to do, we can only advise them, and if i am to advise anyone about PI, i will tell them to sell it. I have told some of my friends to take their profits, some have and some others say it will have a future like BTC, so they are holding.
I agree with this, so as long as the profit we get is already at our target, it's better to exit as soon as possible, because holding it longer will only make our greedy nature crazier... we all love big profits, but that's the first thing that will destroy us later... greed and not wanting to accept something that is enough, are the seeds of greed that will destroy us in the future....

sell now while it's still considered profitable...hold some to still be able to be part of it when the PI price skyrockets... altcoin projects are indeed high risk, especially since they are still very young.

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Re: PI day and what to expect from exchanges
« Reply #16 on: March 11, 2025, 10:04:51 PM »

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Re: PI day and what to expect from exchanges
« Reply #17 on: March 12, 2025, 12:16:58 AM »
sell now while it's still considered profitable...hold some to still be able to be part of it when the PI price skyrockets... altcoin projects are indeed high risk, especially since they are still very young.

It's foolish for people to think that PI can have a future like Bitcoin, they have probably forgotten that PI is an altcoin and it is an altcoin that have come into being after being distributed to millions of people for free, and there are still a big bunch of tokens locked in people's wallets that will unlock pediodically which will surely affect its price in the future.

Based on the current situation, I think $3, which was the all-time high for PI, was a great point for people who had their tokens unlocked to sell because it will have a hard time going there again. Some are expecting it to reach $10, but I'd say those are hopeless dreams.
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Re: PI day and what to expect from exchanges
« Reply #18 on: March 12, 2025, 09:05:09 PM »
So those who are thinking of holding pi coins, I think they should sell them quickly. Because I don't think its fate will be good for very long.
There are a lot of them who have plans of holding it, it is their coins and we do not have the right to even tell them what to do, we can only advise them, and if i am to advise anyone about PI, i will tell them to sell it. I have told some of my friends to take their profits, some have and some others say it will have a future like BTC, so they are holding.
It is not just only the Picoin or the others shitcoins also for Bitcoin where we can't force anyone to do there make their investment or don't.
The money is their and also the decision will be also depends on themselves it's they are right, the thing we just can do that is only give them suggestion and advice as well wisher. And on that case I will say it will be more better if they hold others altcoins which were in the top but not Picoin.

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Re: PI day and what to expect from exchanges
« Reply #19 on: March 18, 2025, 01:31:10 PM »
PI was indeed hyped last week and all cryptocurrency communities were so surprised by PI's listing which was quite expensive because we all know that PI's coin supply is very large.
The PI project is also very old and as far as I know it was made since 2019 or earlier and what surprised me was the listing of PI coins which became expensive at over 0.3 dollars.

I think centralized exchanges are also looking for profit from trading PI coins because every time you Buy and Sell, you will definitely be charged a trading fee from PI or USDT and the proof is that PI is now being traded a lot.
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Re: PI day and what to expect from exchanges
« Reply #20 on: March 18, 2025, 05:53:48 PM »
PI was indeed hyped last week and all cryptocurrency communities were so surprised by PI's listing which was quite expensive because we all know that PI's coin supply is very large.
The PI project is also very old and as far as I know it was made since 2019 or earlier and what surprised me was the listing of PI coins which became expensive at over 0.3 dollars.

I think centralized exchanges are also looking for profit from trading PI coins because every time you Buy and Sell, you will definitely be charged a trading fee from PI or USDT and the proof is that PI is now being traded a lot.
Right, Pi coins have large supply but most of Pi user not get yet their mainnet coin during have waiting for awhile around one or two years later due their coins lock. Its take longer time for unlocking the Pi coins of miner when first time registering account most of the take lock for their coins longer time.
But have bad side of Pi coins many supply at developer hands, its not good impact for breaking out Pi coins raise to higher price and seems easily will going down later.

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Re: PI day and what to expect from exchanges
« Reply #21 on: March 18, 2025, 08:45:47 PM »
Right, Pi coins have large supply but most of Pi user not get yet their mainnet coin during have waiting for awhile around one or two years later due their coins lock. Its take longer time for unlocking the Pi coins of miner when first time registering account most of the take lock for their coins longer time.
But have bad side of Pi coins many supply at developer hands, its not good impact for breaking out Pi coins raise to higher price and seems easily will going down later.
In fact, PIcoin did not bring any innovation, the previous traditional airdrops followed the same process and ultimately ended in the same situation, I have seen the same trend in PIcoin.
In fact, to get success or progress, these things must be mandatory in some unique in the projects. And also what you said is that they have a huge supply, so expecting something good from them will be nothing but foolish.

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Re: PI day and what to expect from exchanges
« Reply #21 on: March 18, 2025, 08:45:47 PM »


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Re: PI day and what to expect from exchanges
« Reply #22 on: March 19, 2025, 04:24:51 AM »
PI was indeed hyped last week and all cryptocurrency communities were so surprised by PI's listing which was quite expensive because we all know that PI's coin supply is very large.
The PI project is also very old and as far as I know it was made since 2019 or earlier and what surprised me was the listing of PI coins which became expensive at over 0.3 dollars.

I think centralized exchanges are also looking for profit from trading PI coins because every time you Buy and Sell, you will definitely be charged a trading fee from PI or USDT and the proof is that PI is now being traded a lot.
I knew it already that the token was heavily overvalued just by looking at the circulating and the total supply. Imagine a coin that has a total supply of 100B already has a token price of over a dollar? If you will look at the FDV of it, it will even surpass Tether at the 3rd spot which for me, is unbelievable.

The token's all about hype, and yes there's a huge community around it, but most of them are delusional. I just hope that my tokens will be migrated as soon as possible already so that I can sell it immediately because I don't have any reason to hold this coin at all as it's overvalued. Just look at it's price right now. It's all downhill after it reached it's ATH of around 3$.

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Re: PI day and what to expect from exchanges
« Reply #23 on: March 19, 2025, 12:06:41 PM »
Oh, pi now has a pi day, that is interesting. I believe people who got some pi coins before it got listed made some money from it, which is good for them, but now we would see if the coin would progress or if it will disappear after the hype, we would see about that.

Right, even i miss pi profits.
Actually, I haven't done much research on the PI project in the past, but there is a lot of hype about it on social media and this token has been sold by various social groups over the past few years. I know that many people have made good profits from its airdrop, but they had to wait for about 4-5 years. Moreover, Twitter and Telegram are actually realizing the popularity of the Pi network so this project can perform best in the market in the future.

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Re: PI day and what to expect from exchanges
« Reply #24 on: March 19, 2025, 06:00:13 PM »
Right, even i miss pi profits.
Actually, I haven't done much research on the PI project in the past, but there is a lot of hype about it on social media and this token has been sold by various social groups over the past few years. I know that many people have made good profits from its airdrop, but they had to wait for about 4-5 years. Moreover, Twitter and Telegram are actually realizing the popularity of the Pi network so this project can perform best in the market in the future.
I am one of seller buy Pi coin during not listing yet at the market, I have friend from other county buy Pi coin with price around $0,3 and in my country I buy Pi around $0,24. Its great moment because many people lack patience waiting when Pi coins listing at exchange market most of them sell Pi coin with lower price before last three months when Pi listing at market price increasing up to $1.
No doubt, many Pi miner have sold out their Pi coins before listing at market most of them have urgency needed and sold Pi coins during not listing yet at market.

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Re: PI day and what to expect from exchanges
« Reply #25 on: March 20, 2025, 04:18:01 AM »
Oh, pi now has a pi day, that is interesting. I believe people who got some pi coins before it got listed made some money from it, which is good for them, but now we would see if the coin would progress or if it will disappear after the hype, we would see about that.

Right, even i miss pi profits.
Actually, I haven't done much research on the PI project in the past, but there is a lot of hype about it on social media and this token has been sold by various social groups over the past few years. I know that many people have made good profits from its airdrop, but they had to wait for about 4-5 years. Moreover, Twitter and Telegram are actually realizing the popularity of the Pi network so this project can perform best in the market in the future.

Everyone involved with this project made (will make) some profits. I don't think anyone would go empty handed. The current performance of this token looks decent, although it been going downtrend and barely holding up, it is stable IMO. Let's see what would happen in the coming days.
The waiting period was the worst. Some of my friends who barely registered 6 months ago got their KYC approved. But here I am, a early days user, waiting for the KYC update, for months now. They sold their coins before the listing, in around 0.25$ something.

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Re: PI day and what to expect from exchanges
« Reply #26 on: March 20, 2025, 07:38:16 AM »
Oh, pi now has a pi day, that is interesting. I believe people who got some pi coins before it got listed made some money from it, which is good for them, but now we would see if the coin would progress or if it will disappear after the hype, we would see about that.

Right, even i miss pi profits.
Actually, I haven't done much research on the PI project in the past, but there is a lot of hype about it on social media and this token has been sold by various social groups over the past few years. I know that many people have made good profits from its airdrop, but they had to wait for about 4-5 years. Moreover, Twitter and Telegram are actually realizing the popularity of the Pi network so this project can perform best in the market in the future.
I haven't as well because right from the start, I'm very skeptical about the project already, but that doesn't mean that I didn't participate. I participated out of curiosity and I guess that paid off because at the end of the day, I got 400+ tokens (still not migrated though).

There really is a lot of hype about it especially when it got launched. It's just that, the community expects that the price of it will be at 4,5 or even 6 digits, but look where it is right now. Many have made money from the airdrop indeed, but for me, I can't wait 4-5 years for a project that I'm skeptical with just because of the way the tokens are being get (mining on phone). Anyway, with new tokens being migrated, I expect that the price of PI token will go down, and we're seeing it already.

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Re: PI day and what to expect from exchanges
« Reply #27 on: March 22, 2025, 06:23:26 PM »
PI was indeed hyped last week and all cryptocurrency communities were so surprised by PI's listing which was quite expensive because we all know that PI's coin supply is very large.
The PI project is also very old and as far as I know it was made since 2019 or earlier and what surprised me was the listing of PI coins which became expensive at over 0.3 dollars.

I think centralized exchanges are also looking for profit from trading PI coins because every time you Buy and Sell, you will definitely be charged a trading fee from PI or USDT and the proof is that PI is now being traded a lot.
-
But have bad side of Pi coins many supply at developer hands, its not good impact for breaking out Pi coins raise to higher price and seems easily will going down later.
Does that mean Developers can easily sell all their coins if they need Fiat?
Is this also a bad trick from PI Developers to manipulate the price of PI coins?

PI was indeed hyped last week and all cryptocurrency communities were so surprised by PI's listing which was quite expensive because we all know that PI's coin supply is very large.
The PI project is also very old and as far as I know it was made since 2019 or earlier and what surprised me was the listing of PI coins which became expensive at over 0.3 dollars.

I think centralized exchanges are also looking for profit from trading PI coins because every time you Buy and Sell, you will definitely be charged a trading fee from PI or USDT and the proof is that PI is now being traded a lot.
-
It's all downhill after it reached it's ATH of around 3$.
I see it now is around 1 dollar price on Coinmarketcap or Coingecko, it seems like the market already knows that PI coin is no longer suitable at 3 dollars price because of the huge supply of coins.
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